First World Problems: 7 Things to Do with Excess Funds

On the surface level, having excess funds does not look like a problem. Businesses are meant to make money, and having so much of it only means that you are doing the right thing. Still, having excess funds sitting on your business books could be problematic. Being a valued resource; having capital means doing something productive with it. The same goes for individuals and employees in organizations.  If you have excess funds, it is imperative to put the money into good use. Here are seven things you can do with your excess funds:

  1. Pay Down Debt

The first option that comes to mind when you have excess funds in your account is to pay down your debts. That is the case because a short-term investment of the surplus cash will less likely yield returns that are equal or greater than the interest rate you are paying on your debts. It makes no sense, for instance, to invest your excess funds at 5 percent when you are in a position to pay down debt from your bank that is charging an interest rate of 12 percent. While that is the case, you also need to note that the decision to pay down your debt may not always be the right call.

One of the benefits of managing your cash flow is your ability to predict the number of funds your business may need in the future. That is, you should be in a position to ascertain if you will need to depend on external financing as the source of funds for your business. The need for external financing may resulting from your efforts to want to expand your business, purchase new equipment or property, or get you through that period when the business is down.

Irrespective of what the reason may be, preparing the cash flow budget is usually the best way to go about predicting the business’s future needs for cash. When such needs have been determined, you can now make decisions that will allow you to finance the needs in the best manner possible.

For instance, you may find that the rate of interest is relatively low at the moment, but you anticipate they are going to rise soon. Instead of utilizing the excess funds to pay down your two-year loan at 10 percent, it could be advantageous to invest the excess funds temporarily and avoid future higher interest rates.

  1. Individual or Commercial Growth

If you are an entrepreneur recording a healthy net profit, you could easily be tempted to reinvest at least some of the funds into your venture. The ultimate goal is to drive greater profitability in the future, irrespective of whether the money is used in reducing operational costs, underpinning strategic growth, or repaying debt in your business.

The important thing is to keep in mind the future as well as the real-time needs of your company, so you can ascertain if reinvestment is the right way to go. More significantly, you shouldn’t inject additional capital into the business just for the sake of it, especially if there are other pressing matters outside the venture. If your venture already has an established model with minimal debt, reinvesting may not be the best option. In such a case, it would be prudent to seek out alternative uses for excess funds.

One option you may want to consider is to invest in your financial growth. In this case, you can utilize the excess funds to establish a fiscal nest-egg for the unforeseeable future. This would be an important move as you will be in a position to create personal wealth during times of economic hardships while negating the effects of potential rising inflation and pension shortfalls.

In addition to that, this kind of strategy will help in creating an independent source of wealth which is completely separate from the business you are running. Therefore, this can be used during instances when your business encounters some financial hurdles or reinvested into the business in the future.

  1. Increase Your Retirement Contribution

Having some excess funds every month could be an indication that you are now in a position to divert more funds to your retirement account. An employee should have sufficient funds in their 401 (k) plans if they are to obtain any matching contribution from their employers. Nonetheless, investment experts sometimes advise saving more, up to fifteen percent of the pay, if one is in a position to do so. Workers who have not yet attained their target contribution rate may decide that their savings be automatically increased by a smaller percentage point (one to two percent).

Nevertheless, when putting your excess funds into your retirement account, you need to be certain that there is enough left to cater to expenses that may arise sooner. When it comes to making such important decisions, you always need to hold onto a safety net, so things don’t turn against you. If not, you may be easily tempted to start digging into your retirement accounts earlier than expected so you can cover your major expenses.

Looking for investment experts is always a good decision if you want to be confident that you’re making the right choices regarding your retirement contribution. When you have the right professionals by your side, you can rest assured that your money is in good hands in whatever investment choices you make.

  1. Open an IRA

Opening an Individual Retirement Account is the right move if your 401 (k) is already maxed out. With this option, you can make your contributions of up to $5,500 per annum, or $6,500 a year if you are at least 50 years of age. You need to note that the IRA deductions are usually limited for individuals and couples with access to a retirement account at their places of work. The Roth IRAs, with after-tax deductions, provide more flexibility for those who are uncertain of what to do with the money. Contributions are usually withdrawn any time. What’s more, investment earnings can be withdrawn without 10 percent tax deductions after at least five years of account opening and if the money withdrawn is used for the first-time home purchase, payment of certain medical expenses, or for qualified education expenses.

  1. Adjust Budget Allocations

Saving and settling your debts are fiscally responsible decisions, but these are not entirely fun. When you happen to have some excess funds, it is always nice to treat yourself as well. Whether you are earning more money regularly in the form of higher salaries or it’s just a one-time surplus, you’ll need to look at your budget to determine where the excess funds can go.

At the moment, are you exceeding your expenditure limits in certain areas of budget categories? In what areas do you feel deprived? Answering these questions could go a long way in helping to decide what to do with the surplus funds.

Maybe the budget for your meals has always been inadequate, and you would like to purchase that expensive wine and fancy cheese or perhaps you may want to add to your clothing or entertainment budgets. And while it is not a problem to indulge within reason, make sure you tame lifestyle inflation. At all times, living below your means will present a much better financial outcome.

  1. Search For Bargains

Most enterprises will have fluctuating expenses. For instance, a clothing retailer may be subject to fluctuation cotton prices or an electronic business may face changing costs for different gadgets. Such fluctuations, in most cases, can be extremely frustrating, especially when you have no option but to purchase the items to maintain your inventory.

With excess funds, you have the option of purchasing more than you require when the prices get historical low. When you do that, you’ll eliminate the need to purchase the items at higher prices in the future. As long as there is ample storage space, you can easily expand your margins significantly using this practice.

Of course, there is always a risk to it. Prices can sometimes be unpredictable, and you may increase your stock only for the prices to continue dropping. Therefore, when searching for deals, you need to be very picky about what it is you are buying.

  1. Invest in Growth

You can also explore other options for investing your excess funds. You could earn reliable interest on your money, or higher returns if you placed it in stocks and bonds. Holding onto your cash carries with it an opportunity cost since you will be sacrificing the potential cash flows from investing the money. You can also leverage other options such as acquiring another business. This could be your competitor’s business or a company in a related industry to maximize and diversify your earnings.

In addition to acquisitions, there are also other options you may want to consider. Acquiring new equipment, for instance, can decrease expenses in the long run and increase the efficiency of your business operations.

Bottom Line

It is easy for an individual or an entrepreneur to feel like spending their excess funds right away. This is a dangerous mindset as it could result in careless spending or value-destroying acquisitions. If you feel like the timing is not right, then better hold onto the funds. Better yet, you can contact the investment experts so you can be advised on what steps you can take.

How to Financially Survive After an Accident

Becoming the victim of an accident begins a period of uncertainty for your health and financial stability. Your injuries can prevent you from returning to work for a short or extended period of time. Juggling the need to pay for shelter, food, and other incidental bills can be difficult as you figure out how to get compensation after an accident. Filing a lawsuit against the person who caused your injuries is one way to recover lost wages, but it takes time to reach a resolution either through a settlement or lawsuit. Meanwhile, the bills start to roll in, and they need to be paid. Here’s a look at potential options to pay bills.

Find Alternate Ways of Working

In the event you work in a field that has the option for remote work, look into it as soon as you’re able to. If you work in a field that requires physical effort, you may be able to work in an office position until you heal. Discuss your situation with human resources or the relevant person to learn about your options while you recover from your injuries. Employers are sometimes willing to accommodate their employees while they recover from their injuries.

In the event you can’t work remotely or in an office while you heal, there are work-at-home jobs and employers who offer remote positions that don’t require you to come into an office. It may not be an ideal solution, but it’s a way to make money until you’re capable of returning to your accustomed line of work.

Budget Money Closely

If you don’t budget, now is the time to do so. You don’t know when your money flow is going to return and you need to plan accordingly. Take a good look at your finances and figure out which bills are the most important. Focus the money you have available to keep up with those payments. Life may be uncomfortable during this time, and there won’t be money for extras, but it’s a temporary situation. Eventually, you will heal and be able to return to making an income again.

Check Your Health Insurance Policy for Coverage

Sometimes a health insurance policy will have coverage for injuries sustained in a car accident. You may be able to invoke the policy to help cover medical costs and reduce what’s owed. Health insurance won’t provide you with funds for living expenses, but it can reduce the pressure from demands for payment from medical providers. Be careful about going this route as the insurance company can invoke state statutes for reimbursement after a settlement has been reached.

Find out if You Pay Into an Accident Insurance Policy at Work

Sometimes employers offer accident insurance coverage for employees. If your employer offers it, you may have signed up when you first started your job, then subsequently forgot you were paying towards a policy. Accident insurance coverage gives you money to cover your bills if you get injured in an auto accident and typically provides enough to cover your costs of living while you heal.

Get a Letter of Protection

In order to get a letter of protection, you have to be actively engaged in a lawsuit against the party responsible for your injuries. A letter of protection is created by your lawyer and submitted to all relevant medical providers. The letter states that the balances owed for services will be paid from the final settlement amount. If the provider accepts the letter of protection, they will defer demands for payment until the lawsuit has finished and money is disbursed. It’s important to note that medical providers typically only accept a letter of protection issued by an attorney.

Apply for a Personal Loan

Personal loans are an option to help you pay bills, although it may not be ideal as it adds another bill to the already mounting pile of debts. However, it does take care of pressing needs and can help you get through the period between initiating a lawsuit and getting a settlement or judgment. Consider getting a loan as a means to an end and only use what you need instead of taking all the funds at once. Once your lawsuit is final, you can pay back the amount you have remaining and use the proceeds from the lawsuit to pay back what you used.

These types of loans are usually unsecured which means they have a higher rate of interest. The benefit of going this route is getting money to use sooner than later and being able to bridge the income gap until you heal or resume employment.

File for Bankruptcy

It’s best to keep in mind that filing for bankruptcy should be the last thing you consider as a way of handling your financial problems. Bankruptcy does eliminate most of your debts, but it can preclude you from suing for pain and suffering after an accident. A potential lawsuit over car accident injuries is considered a financial asset by the court even though the lawsuit has not commenced. It can affect the filing of the bankruptcy and prevent you from filing a lawsuit if you omit the suit from the bankruptcy petition. Save the idea of filing for bankruptcy for after all proceedings have completed.

There’s no denying that making ends meet after an accident is tough and has its challenges. Explore all of your options, talk to your employer about opportunities that are available to you while you’re injured, and look into alternative options for income. Remember that injuries heal and you will be able to return to work at some point which makes the situation a temporary one. What you might not consider when healthy can be a viable option for survival while you’re injured.

What to Consider Before Moving to a New City

Moving is a big decision, and it’s important to ensure that the area you choose fulfills all of your personal goals and desires. From location to public transit, there are many important factors that you should take into account during your search for a new place to call home. Be sure to consider the following key aspects before you settle into your new city.


When searching for a home in a different city, you should think about how easily you will be able to get around the area. Be sure to look into public transit options and determine how long your commute to work will be after you move. Whether you decide to take the train to work or drive, factoring your commute into your home-buying decision is worthwhile.


Once you’re done with the workday and ready to do something fun, you’ll want to be in the know about any recreational activities that are available in your area. When you search for Yorkville condos for sale, you have the opportunity to explore many different possibilities for leisure. Whether you’re in the mood for admiring fine art or indulging in five-star dining, make sure that your new city offers plenty of options for enjoyment.


If you have children, you’ll want to send them to schools that provide them with a good education. Make sure that you look into the reputation of the schools in your area before buying a new home. Even if you don’t have kids to send off to class, the quality of the schools in your area can have an impact on the future value of your home. Schools with a positive reputation can increase your home’s overall value and make it easier to sell later on.

Personal Goals

No matter what city you’re moving to, you won’t feel satisfied in the new area if it doesn’t align with your personal goals. Be sure to evaluate what you wish to get out of your move and understand what you want to achieve early on. From personal to professional goals, there are many elements that are worth considering before moving in. To be happy with your choice, make sure that it’s the right one.

Moving to a new city can be an exciting and rewarding experience if you take the time to think through your decision. These tips can help propel you towards success and happiness in your new area.

Think About Your Taxes While Working Your Side Gig

To make some extra money to put back into your savings account, take a nice vacation, or just meet your financial obligations, you may take up a side gig. From giving people rides or becoming a freelance graphic designer to delivering groceries, it’s easier than ever to make extra money on the side. While you’re enjoying the freedom and income that comes with a side gig, be sure you don’t forget about the IRS. You can be sure they won’t forget about you.

Keep Close Track of Your Earnings

Create a spreadsheet that you use to keep track of all the money you earn from your side gig. Depending on the gig you have, there could be an app that makes tracking your earnings easier. Either way, it’s your responsibility to note every penny you earn. The IRS is most certainly doing this on their end, and you want to ensure both your tallies add up to the same amount. At the end of the year, note how much you’ve earned so you know what to put on your 1099 tax form.

Familiarize Yourself With Your Expenses

Besides how much you earn, you should also keep track of what you spend during your side hustle. For example, if you use a ridesharing app, note how many extra miles you put on your car, the depreciation your car experiences, and even how much you spend on things like gum or bottled water for your passengers. There could be tax deductions you can take advantage of that lower your tax bill. To help with this, sit down with a professional from the Tax Group Center team. That way, you know beyond a shadow of a doubt what you can claim and what you can’t.

Know How Extra Earnings Impact Your Personal Taxes

While you’re speaking with a representative of the Tax Group Center, be sure to ask how your side gig earnings could impact your personal taxes. For instance, there could be a tax credit you no longer qualify for as a result of your supplemental income. If you’ve picked up a side gig to help put your kids through college, your efforts could inadvertently backfire in terms of eligibility for financial aid. Figure out how to balance things so that you reap the most financial reward without wasting your efforts.

Pay Quarterly Taxes

If you’ve never worked for yourself before, then you likely aren’t used to paying quarterly estimated taxes. What that means is you estimate how much you’ll owe in taxes in a single year and break that total down into four quarterly payments. Making estimated payments to the IRS allows you to sidestep penalties and fees for failing to make them in the first place. If you can, pay more than you think you need to. If you overestimate, you’ll get a refund, much like you do when a regular employer handles your taxes. If you underestimate, you’ll owe money when tax season rolls around, and you’ll have to pay additional penalties.

Open a Side Gig Account

It’s best to keep your regular income separate from your supplemental income. Doing so makes it easier to keep track of how much you make from your side gig, and it also makes it easier to take care of quarterly estimated payments. Specifically, once you note how much you earn, figure out a percentage to put into a savings account for your quarterly taxes. The rest of the money you can deposit into your regular checking account to spend or save as you see fit. Simply dumping your extra income into your regular checking account can make for a messy soup.

It can be exhilarating to see how much money you can earn from a side gig. Just make sure you have a tax plan for your earnings; otherwise, your exhilaration can curdle to frustration.

Why Hiring a Divorce Attorney Is Important When You Have Kids

Going through a divorce is a sensitive matter that should be approached with caution. It marks the end of a commitment that most thought would last a lifetime. To many, it is the last option after all other options trying to salvage their union fails, and it might be hard to let go. A divorce where kids are involved in complicates matters. Before a divorce is granted, the children’s welfare is always addressed first. Contentious issues mostly surround the custody and support the children should get. When you are in such a situation, you need to hire a competent divorce lawyer, and these are the reasons why:

1)    Expert Advice

You might have your divorce figured out in an agreement or on your own, but that might not be the best decision. Emotions or your current situation might also contribute to your choices, and this might cloud your judgment. Selfish acts leave your children at a loss, and they end up suffering. A divorce attorney in New Jersey gives you an expert’s advice, and this helps you make rational decisions. They also advise how to proceed with the divorce and ensure your kids come out unscathed from the situation.

2)    Better Terms

Children do not have to suffer just because their parents are no longer together. Having a divorce lawyer negotiate terms on matters about the children is essential. Parties involved carving into their partner’s demands to avoid conflicts or out of fear. Others use their financial capabilities as a means to oppress the other party, and they end up taking only what is floated as child support. A divorce lawyer will help you get the very best for your children. They help you determine what would be best for the children and even help to ensure it is enforced as some bail after an agreement is reached amicably.

3)    Fear of Violence

Divorces are not always smooth and on mutual understanding. Some people might find it hard to let go of their spouses, while others do not want to be separated from their children. Others are violent, and if the other party does as much as mention it, they might end up with a beating. Many people have reported having stayed married despite the need for divorce for fear of their spouses taking it out on their children. A divorce lawyer can be your representative when the proceedings take place and during all negotiations. This helps reduce hostility and reduces the chances of violent confrontations.

4)    Change in Circumstances

You might also need a divorce lawyer if the circumstances surrounding you and your spouse change. Some people change their statements and minds once they get to the judge and this complicates things. Others alter the content agreed upon before signing. Additionally, marital, health, and financial status of the parties involved might change. This might force the divorce proceedings to take a different direction. A divorce lawyer might come in handy as they ensure that the children do not bear the brunt due to these changes.

Savvy Savings – 4 Essential Tips to Help Families Save in Tight Times

Unfortunately, we’ve probably all had that horrible moment when we’ve looked at our finances and discovered that what’s coming in doesn’t cover what’s going out. That sinking feeling isn’t nice, but if we turn it into a stepping stone for a more stable game plan, it doesn’t have to lead to a freakout. Financial stability is something we all strive for and while it’s not as easily achievable for some than it is for others, it’s entirely possible to create a sound future on almost any income as long as you’re smart and disciplined with your money.

No more debt.

It’s tempting to reach for your credit card when you want or need something you can’t afford. This may provide a quick fix but your little plastic friend can send you into a spiral of debt if you’re not careful. Aim to live on as little borrowed money as possible and start your new journey towards financial security by consolidating and paying off any outstanding debts. Taking out one of the readily available small loans present in today’s market can help.

Set a budget.

Yes, the term budget is often considered a dirty word but you’re going to need one if you want to start building a nest egg for your family. Step one is working out what currently comes and goes from your household. Now that you understand your income, deduct all necessary fixed expenses and allocate the leftover funds until you’ve covered everything else you need. Save half of what’s left and use the remainder as flexible or “fun” money. This helps you feel less restricted and makes it easier to stick to your budget.

Be prepared.

Now that you’ve worked out how much you have to spend on groceries this pay cycle, work out a meal plan. Not only will this reduce spoilage, but it will also make cooking dinner on a work night far easier. Bonus points here if you get the whole family involved so everyone has a say and ensures everyone has something they wanted to eat at least once a week.

Cut them off.

Back when you were making your budget, you probably identified some unnecessary expenses. While luxuries such as premium television subscriptions, eating out and shopping just for the sake of it might be fun, they can place significant stress on your finances. If you can’t fit these into your play money allocation, it might time for them to go. You can revisit once your debt is paid off and there’s some savings in the bank, but for now, you’re better off without them. Try to find cheaper or free alternatives if you want to keep these extras as part of your lifestyle but if you simply can’t make it work, remember that no-one can do everything and that going without now will lead to a brighter future.

Saving is tough and very few people find themselves in a position where it’s an easy thing to do. Make sure you focus on why you’re making changes to your lifestyle and what you’re going to achieve rather than what you’re missing out on and don’t worry if you fall off the wagon. Jump back on, make the most of what you have and check in regularly to make sure everything is going to plan. One day you’ll be able to look back and thank your present self for doing it and that’s the best reward of all.


Grocery Bill Too Expensive? Try these Ways to Save

Did you know that around 60 percent of Americans don’t even have $1,000 to spare in an emergency?

For many people, it’s not because they’re not earning enough money. Instead, it’s that they’re spending far too much on your expenses.

Most Americans spend most of their monthly salary on three things. These include housing, transportation, and of course, food.

If you want to know how you can save money on your grocery bill, you’ve come to the right place. Check out our 11 savvy ways to save money on shopping for food below!

1. Start a Shopping Budget

Do you have a budget for your grocery shopping expenses?

Lots of people don’t have a budget at all. In fact, only 40 percent of Americans say they have a budget. While even fewer stick to it!

And yet, this is perhaps the most simple and effective way to save on grocery shopping. All you’ve got to do is to calculate how much you want to spend on groceries and track your spending.

Before you go grocery shopping, you’ve got to know how much you’ve got to spend. Then, you need to count up the expenses as you make your way through the store.

If you think that’s impossible to cut down your expenses, you just need some belief.

Take inspiration from other people. One savvy-shopper successfully reduced her grocery bill to just $4 per day.

You don’t have to make any drastic reductions to make significant savings on groceries. Just create a budget now!

2. Cook at Home

Do you consider going out for dinner to be an occasional treat or a regular necessity?

Up to 90 percent of Americans don’t like to cook.

This is costing people a fortune. The average American household spends around $3,000 per year on dining out.

That’s why you can make a tonne of savings by cooking at home more often. You may enjoy it more if you learn about new ingredients and stop buying expensive convenience meals.

It’s not always easy getting out of dining out if you’re with friends. But, there are ways of saving money when your friends want to go out for food. Check out this post learn more!

3. Meal Planning

Around 53 percent of meals are planned for only one hour in advance. This kind of spontaneous meal preparation can cause you to spend more on groceries than you require.

If you want to save on groceries, you need to consider how you can plan your meals before you head to the grocery store.

Therefore, you purchase only the items which you need to prepare the meals for the week. Meal planning can prevent you from throwing away food which has gone bad before you had the chance to use it up.

Meal planning is also associated with better health. People who plan meals have on average greater food variety, diet quality, and body weight status.

4. Grow Your Own Fruit & Veggies

Around 85 percent of Americans don’t eat enough fruit and vegetables.

While the excuse is often that they’re too expensive, this isn’t actually the case. And yet, you don’t have to buy vegetables and fruit yourself if you want to save money.

You can simply grow your own at home. You just to need to work out which vegetables and fruits are expensive to buy but cheap to grow.

There are encouraging signs that Americans are growing their own produce. More than one-third of US households grow their own fruit and vegetables now.

5. Keep Your Own Life Stock

If you’ve got a large yard, you can probably find enough space to host a few animals for livestock.

You could keep a few rabbits to eat as meat. You could even go hunting for your food like your ancestors. Check out this Ballistic Advantage to learn more.

If that’s a little too much for you to handle. Then, you can keep animals for other reasons.

You could also create a home for some chickens to roam around to provide you with eggs.

While a mere 1 percent of American households currently have chickens in their back yard, up to 4 percent plan to set one up in the next few years.

This could help you make substantial savings. You won’t have to pay for eggs for your breakfast ever again.

6. Buy Seasonal Fruit and Vegetables

You’ve probably found yourself in a grocery store in the US looking at grapes from Chile, berries from Mexico and dragon fruit from Vietnam.

You’ll notice that many of these imported fruits and vegetables are actually much more expensive than the locally grown ingredients which fill the shelves.

By buying seasonal fruit and vegetables you can make substantial savings to your grocery bill each week.

7. Go Vegetarian or Vegan

You save even more money if you drop meat and/or animal products altogether.

Many people are already realizing the benefits of a plant-based diet. There has been a growth of up to 600 percent in veganism in just a few years.

We always only hear about the health benefits, the environmental effects and moral arguments for avoiding meat. But, it’s important to remember the financial case as well.

According to studies, you can save up to $750 per year by switching to a vegetarian diet. This could be even more with a vegan diet since you’re cutting out expensive cheese products.

Is giving up on your meat eating altogether is too much for you to stomach? You could also try switching to Meatless Mondays to save money instead.

8. Take Advantage of Coupons

We all enjoy a bargain!

Around two-thirds of Americans say that they have made a purchase with a coupon which they may not have otherwise done.

If you’re not already making the most of the opportunity to make savings with coupons, you need to change this quickly.

You may imagine old grannies spending hours cutting out coupons from newspapers and magazines to save 10 cents here and there.

But, actually, you save $20 or more per week just by keeping track of coupons on your food bill.

You can also tap into the advantages of grocery store loyalty schemes to continue to make savings on your expenses.

9. Dumpster Diving

Some people manage to spend just by $5.50 over two-years because they exclusively recover food from dumpsters.

You may think that picking up a piece of electronic equipment or some useful furniture is a great find. But, is dumpster diving for groceries too much?

You can also get in touch with grocery stores and other small food stores for leftovers. For example, you may be able to secure a supply of bread from the bakery on your block.

10. Be Ahead of the Game

Grocery stores are always coming up with incentives for you to spend more. But, remember, your challenge is to stick to your budget whatever they throw your way.

Have you ever heard the phrase “eye level is buying level?” The store knows that if they place the most expensive item at eye level, you’re most likely to notice and buy it.

If you came into the store to purchase bread, you probably know the feeling of needing to walk through the whole grocery store to get what you want. Stick to your guns and don’t change to tact.

You can even go one further. Learn when the grocery store slashes prices and brings out discount offers on items you want. This way you can be ahead of other shoppers to the best buys.

11. Ignore Expiration Dates

Over 90 percent of Americans could be throwing away perfectly edible food because they think it’s not safe to eat.

The expiration dates on food are not anything to do with food safety standards. It’s mostly for the store to indicate optimal freshness.

However, that’s not the same as edible. These labels are determined by the store themselves rather than any regulatory body.

Studies have also shown that US households are throwing away an average of up to $455 worth of groceries needlessly in the garbage.

Instead of worrying about what the label says, rely on your instincts. Does it smell and look ok to eat? It probably is!

How to Save Money on Your Grocery Bill?

Many Americans are spending too much of their hard earned cash on groceries.

Of course, it’s important to stay healthy and eat well. However, you don’t need to spend a fortune to achieve this either.

Follow our tips for saving money on your grocery bill to keep more cash in your pocket at the end of each month.

Do you want to learn more about how to save money? Check out this blog post on some simple ways to make huge savings!

When Money Is Tight: 4 Tips for Buying Health Insurance on a Shoestring Budget

You don’t need me to tell you that health insurance is a necessity in the modern age. However, as you may have heard from people you know, the media in general, and your own experiences, health insurance can be extremely expensive, which means you need to find the balance between finding a quality plan and not breaking the bank.

This is why it’s so important to make sure you’re researching what’s out there, and which plan is the best for you. Nevertheless, if you’re shopping on a shoestring budget, here are four tips to remember to ensure you’re getting the best deal.

#1 – Don’t Get Health Insurance

The best way to save money on your health insurance is to not spend it at all. Of course, I’m not saying you shouldn’t protect yourself with a policy, but you should take the time to check to see whether you’re entitled to some kind of benefit or protection that means you don’t have to pay.

For example, depending on the state and area you live in, you may be entitled to claim a benefit known as a Medicard, which means you’re eligible for free healthcare. That’s not to say you’ll get it, but it’s definitely something worth checking out.

#2 – Only Get What You Need

Another important thing to make sure is that you’re checking what you actually need from your healthcare plan, and then ensure you’re only paying for this service. There are plenty of comprehensive healthcare plans out there designed to help cover all aspects that anybody may ever find themselves in, but that doesn’t mean that everybody needs this.

When choosing the healthcare plan that’s right for you, ensure you’re reading through all the terms and conditions and only selecting plans that have cover for everything you need in your life. Nothing more, nothing less.

#3 – Shop Around and Research

It’s all well and good thinking you need health insurance so you need to go out and buy the first plan you come across, but the chances are this isn’t the right plan for you. There are so many companies, providers, and different approaches out there for you to take, so make sure you’re taking the time to research.

There’s no harm in shopping around and finding the best price and the best service. Read reviews, ask your friends and colleagues, or ask a professional service who the best health insurance Ontario provider is in order to choose who’s best for you.

#4 – Visit the Government Website

In the US, the healthcare website is as simple as ‘’, and it’s important you head over there and fill out an application. If you do this during the enrollment period, or there’s a life-changing event taking place, such as having a baby or getting married, this website will help detail everything you need to know. The more you know, the better the decisions you can make.


As you can see, there are plenty of things you need to think about when it comes to buying affordable health insurance plans for yourself and your loved ones. Be smart and organised and you can be sure you’ll be having the best experience.

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